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Inc.’s Coolest New Products for 2015

23 Nov

There are all kinds of best lists that appear at this time of year. We’re noting a few of them. In the area of innovation, one of the coolest (pun intended. :-) ) lists is a ranking of the coolest products of the year.

Bartie Scott has identified 15 cool new products in 2015 for Inc. Here are a few of them.

Lily Robotics Drone: Toss this flying camera into the air, and it will soar above, behind, or around its user like a futurist homing pigeon. Set to ship in early 2016 for a presale price of $799 (regularly $999), Lily’s launch video got more than nine million views on YouTube.”

Hammerhead: This navigation system ($85) hitches a ride on your bike’s handlebars. By connecting to your phone’s Bluetooth, the lights flash directions when approaching turns. Hammerhead raised more than $190,000 on crowdsourcer Dragon Innovation.”


LulzBot Mini 3D Printer: Using open-source hardware, Aleph Objects is expanding the reach of 3-D printing for designers and entrepreneurs with this desktop printer. The $1,350 home printer has received outstanding reviews on its handling of precise detail.”


Click the image below for the full slideshow of the top 15.


Tips for Small and Mid-Sized Firms

20 Nov

Formulating and articulating plans and tactics are as important for small and mid-sized firms as for large firms. Being thorough, systematic, and consistent are crucial to success.

As Knowledge@Wharton and SAP recently stated:

“Whether you are a company with 10 or 100,000 employees, running a business is getting quite complicated these days. An interconnected global economy has opened opportunities for Main Street businesses to sell to overseas markets, but they come with challenging complexities in logistics, currency translation, taxation, labor regulations, and other areas. Even expanding locally tacks on complexity from an influx of vendors, customers, and additional staff. Meanwhile, digital technologies bring in massive amounts of data that need to be sorted through to maximize business strategies while real-time user feedback is also changing the way companies operate.”


Click the image to access “Simplifying Small Businesses and Midsize Companies to Unlock Growth.”


Best Books of 2015 for Entrepreneurs

18 Nov

Thinking of a starting a new business? If the answer is yes, then you need the best information and advice possible. And there are a lot of excellent books out there to choose from and read.

Geoffrey James, an Inc. contributing editor, recently published a top ten list of the best books of 2015 for starting a business:

“2015 could arguably be named the ‘year of the entrepreneur.’ Shark Tank became must-see TV, the SEC allowed regular folks to invest in startups, and has become one of the most-visited business websites in the world.”

“Not surprisingly, 2015 had a bumper crop of excellent books for entrepreneurs. That’s a very good thing, because to be useful ‘start your own business’ books must be grounded in the economic reality. In other words, if you’re starting your own business, you need access to the latest and greatest thinking on the subject. With that in mind, here are ten brand-new and updated books that you should read by the end of the year.”

Here is James’ top ten list. Clicking a book title will bring you to Amazon’s page for that book.

  1. The Art of the Start 2.0
  2. Disrupt You!
  3. The End of Jobs
  4. Quit Your Job in 6 Months
  5. Job Escape Plan
  6. The One Page Business Plan
  7. Bold
  8. The School of Greatness
  9. The Entrepreneur Roller Coaster
  10. Think Big, Act Bigger


Will Tally Be a Winner for Inventory Management?

17 Nov

As we know, managing inventory properly can possibly make or break a firm’s sales and profit goals. So, companies should be as efficient and accurate as possible in their inventory management efforts.  Nonetheless, many organizations rely on physical inventory counts done by humans, which can result in errors.

With that in mind, consider the new Tally automated system, from Simbe Robotics:

“Tally is the world’s first robotic autonomous shelf auditing and analytics solution. The solution consists of one or more mobile robots that can autonomously traverse large brick-and-mortar retail environments to capture, report, and analyze the state and availability of merchandise and help ensure compliance with the store’s planogram [planned layout of merchandise] – the ideal placement of products on shelves in order to maximize sales. Tally performs the repetitive and laborious tasks of auditing shelves for out-of-stock items, low stock items, misplaced items, and pricing errors. Tally operates safely during normal store hours alongside shoppers and employees.”

Take a look at the YouTube video to learn more about Tally.


Bloomberg 2016 Forecasts

10 Nov

About this time each year, a number of well-known, reliable sources produce their forecasts for the  following year.

Bloomberg (via its Bloomberg Businessweek) has just published its “The Year Ahead 2016” issue. Here is a video overview of the year ahead. It is followed by a link to the 50 companies to watch in 2016. Just click the chart to see an online discussion of the 50 companies covered.




Innovation in Action: The Dinner Lab

9 Nov

The Dinner Lab has turned dining out into a very unique and fun occasion. It is “a place to discover what’s possible. Our nomadic dining experience invites members to try new recipes from rotating chefs and give feedback. The dinners are held in unique spaces that exist for only 24 hours, the company is diverse and adventurous and the chefs come from some of the world’s best restaurants.”

Today, Dinner Lab operates in more than 30 cities throughout the United States. Click here to see if your city is served. Following is a chart from the company’s Web site explaining how it works. [Click on the chart to access a larger version.] After the chart, there is a video by the New Yorker.


Dinner Lab 1


TV Interview on Launching New Goods and Services

6 Nov

This television interview of Hofstra University’s Distinguished Professor Joel Evans (of the Zarb School of Business) very recently appeared on Fios1’s Money & Main$treet program. The interview was conducted by host Giovanna Drpic. It deals with launching new products. There are many tips and graphics.



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